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16 US cities where incomes can't keep up with housing costs

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home for sale Hialeah Florida

One-third of Americans overpay for housing, spending more than the recommended 30% of their income on rent or homeownership expenses.

While that group likely includes residents of the country's most expensive housing markets— looking at you, San Francisco — it's not just them.

In fact, according to a new ranking from SmartAsset, the least affordable housing markets in the US aren't necessarily the places with the most expensive homes. Rather, they're the cities where incomes haven't kept up with housing costs, rendering it even more difficult for residents to find affordable living.

To determine the list, SmartAsset gathered three data points — rent as a percentage of income, cost of homeownership as a percentage of income, and home value to income ratio — from the US Census Bureau for more than 580 cities. SmartAsset then ranked each city in each metric and calculated the average to determine a final score out of 100.

Three states — California, New Jersey, and Florida — are home to 15 of the top 16 cities in the ranking. Passaic, New Jersey, takes the No. 1 spot on the list. Renters there pay only $500 less than San Francisco renters, but households earn almost $70,000 less per year than they do in San Francisco, according to SmartAsset.

Read on for the top 16 least affordable housing markets in the US.

SEE ALSO: Here's how much you need to earn to rent a 2-bedroom apartment in 15 of America's biggest cities

DON'T MISS: Here's how much you need to earn to comfortably afford a home in the 25 most expensive ZIP codes in America

16. Santa Ana, California

Income spent on rent: 38.1%

Income spent on homeownership costs: 31.1%

Home value to income ratio: 8.0



14 (TIE). Newark, New Jersey

Income spent on rent: 36.6%

Income spent on homeownership costs: 40.5%

Home value to income ratio: 7.6



14 (TIE). Bloomington, Indiana

Income spent on rent: 42.5%

Income spent on homeownership costs: 33.3%

Home value to income ratio: 6.4



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The 18 countries with the most millionaires

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Minting a million-dollar fortune isn't the remarkable feat it used to be.

It remains a marker of immense wealth, but the club is growing ever more crowded, with nearly 33 million people across the globe now laying claim to fortunes in excess of $1 million, according to estimates by Credit Suisse in its most recent Global Wealth Databook

The US alone claims 13.6 million adults with a net worth above $1 million — that's 41% of all the world's millionaires and more than the next eight countries combined. 

Switzerland, however, has the most millionaires per capita: Nearly 12% of the adults in the country are millionaires, or one out of every 8.6. 

The millionaire population isn't necessarily a indicator of broad wealth within a country. Despite having the most millionaires by a gaping margin, the median wealth for adults in the US is only $44,977. Of the 18 countries with more than 200,000 millionaires, that's a lower median wealth figure than all but Germany ($42,833), Sweden ($39,692), and China ($4,885). 

Below, Business Insider has ranked the 18 countries with the most millionaires — that's all fortunes above $1 million, including the billionaires — based on Credit Suisse's annual wealth report (you can read the full report here). We've also included the country's population and median wealth for comparison purposes. 

SEE ALSO: The 30 richest people on earth

DON'T MISS: Seeing how the highest and lowest-earners spend their money will make you think differently about 'rich' vs 'poor'

18. Austria

Number of millionaires: 217,000

Adult population: 6.84 million

Median wealth per adult: $52,519



17. Denmark

Number of millionaires: 240,000

Adult population: 4.24 million

Median wealth per adult: $52,279



16. Sweden

Number of millionaires: 285,000

Adult population: 7.41 million

Median wealth per adult: $39,692



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The exec who oversees Match, OKCupid, and Plenty of Fish says there's an easy — but overlooked — way to be more successful at online dating (MTCH)

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"Go big or go home": It's probably a good life mantra, but it's an especially good online-dating mantra.

That's what I took away from my conversation with Match Group CEO Mandy Ginsberg, the exec who oversees Match, OKCupid, and Plenty of Fish. I asked Ginsberg about her best recommendation for someone new to online dating.

"You get out of it what you put into it," she told me. "If you just have one photo and two lines in your profile, people don't take you as seriously."

Read: To be more successful at online dating, put more effort into crafting a unique profile.

Match sent me stats to back up that observation. For instance, for each additional photo a straight man includes beyond the first one, he gets about 2.8 times the amount of email a man with just one photo gets. For straight women, that number is 1.9.

Note that this stat doesn't take into account what's pictured in the photos. Simply being willing to reveal more about yourself can be appealing. (It's worth noting, however, that there could be other factors at play. For example, more attractive people might be more willing to share more photos of themselves in the first place.)

This research reminded me of some Plenty of Fish data that I wrote about last year.

POF users spend, on average, about 10 minutes creating their profile, but those who spend about 20 minutes are twice as likely to leave the site in a relationship. And POF users who add detail and photos to their profile are four times more likely to meet someone on the site than users who have minimal detail and no pictures.

Even beyond adding more photos and detail to your profile, Ginsberg said it helps to "give people a real glimpse into your life." Let them know you're a runner or a foodie, Ginsberg said, both so you have a better chance of ruling out people with incompatible lifestyles and attracting people who are similar.

To be fair, the same logic — share more about yourself, get more dates — might not apply on other dating services where the demographic skews younger, and maybe not as interested in a long-term relationship.

If there's one glaring takeaway from Match's research and Ginsberg's observations, it's this: If you're serious about finding a partner, put as much effort as you can into making yourself stand out.

SEE ALSO: The exec who oversees Match, OKCupid, and Plenty of Fish says online dating hasn't solved the hardest part of finding love

Join the conversation about this story »

NOW WATCH: Bumble founder: Men should stop putting these 4 things in their profiles

The 10 most affordable places to buy a beach home in the US

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The sun is shining, the days are longer, and it's finally warm enough that the bold among us are starting to bust out those cargo shorts. That can only mean one thing: Beach season is coming. 

But as fun as excursions to the Hamptons and Nantucket can be, these ritzy summer enclaves can also sap your entire vacation fund in a hot minute if you're not careful. 

And perhaps you're looking for a permanent fix for your ocean-air addiction? If you're not palling around with millionaires and billionaires, you might as well forget about buying property in those exclusive destinations.

But if you look beyond the traditional summer hot spots, your dream of owning a sun-drenched cottage within spitting distance of the ocean spray may not be so far-fetched. 

Realtor.com dug through its database to find some scenic beachfront locales that are far more affordable for the average American and that won't have you ruing the fact that you never amassed a fortune on Wall Street.

They limited their scope to beach cities with populations between 1,000 to 100,000 and that had at least 30 properties on the market. And to ensure some geographic diversity, Realtor.com capped its list to two towns per state separated by at least 30 miles. 

Read on for the 10 most affordable beach towns to buy a home in — each of which has a median home price below $250,000.

SEE ALSO: The salary you need to earn to buy a home right now in 19 of the most expensive housing markets in America

SEE ALSO: 21 of the most affordable zip codes to raise a family in the US

10. North Bend, Oregon

Population: 9,543

Median home price: $239,000



9. Ocean Shores, Washington

Population: 5,628

Median home price: $232,500



8. Daytona Beach, Florida

Population: 63,011

Median home price: $199,900



See the rest of the story at Business Insider

How an oil company created an American suburb in Saudi Arabia

You can stay in one of Pablo Escobar's former mansions for $515 a night

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One of Pablo Escobar's former mansions is now the recently expanded luxury hotel Casa Malca. The property in Tulum, Mexico was abandoned after Escobar died in '93 and was purchased in 2012 by NYC art dealer Lio Malca.
Artwork from Malca's private collection is on display throughout the hotel, including the 42 suites. Prominent artists include Keith Haring, KAWS, and Marion Peck.

The estate is popular for weddings and honeymoons. Hotel decor features Mayan-inspired details and natural wood. The restaurant offers Mexican and European cuisine and there are two bars. There is a 180-meter long private beach as well as an outdoor and an indoor pool. 
Rooms start at $515 a night.

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This new $125,000 tiny home can be moved with its owners

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Koda is a $125,000 tiny solar-powered house. It can be moved in one piece if the homeowner wants to relocate. It is 269 square feet, slightly larger than a one-car garage (200 sq ft) and the walls are made with strong concrete-timber composite panels so there's no need for a foundation. 

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How Atlantic City went from a bustling tourist hub to a ghost town

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Atlantic City was once New Jersey's largest tourist attraction. As the first city to provide gambling outside of Nevada, it provided those on the East Coast a place to vacation on the beach and gamble. 

But the city has seen hard times these past few years; five of the city's 12 casinos closed between 2013 and 2016, and Atlantic City's unemployment rate is 6.3% (well above the national rate of 4%).

Just this May, the Trump Taj Mahal — which originally opened in 1990 — sold for four cents on the dollar. While its buyer, Hard Rock International, has plans to renovate the casino and hotel, it might not be worth the $375 million investment given a report that was recently released by the National Oceanic and Atmosphere Agency.

The report warned of the possibility of an "extreme" sea-level-rise scenario that could cause chronic flooding and have some coastal cities completely disappear underwater by 2100. One of the most at-risk cities, according to the report, is Atlantic City.  

SEE ALSO: The Atlantic City casino Trump built for $1.2 billion is having a liquidation sale — here's everything up for grabs

Atlantic City's true heyday was in the early 1960s, when traveling cross-country was not economical for most families.



Even before gambling was legal in the area, the city served as the East Coast's go-to beach destination. Now, even on a 90-degree day, the beaches can feel eerily empty.



Opening its doors in the summer of 1978, the Resorts International Casino was the first casino to open in Atlantic City. It was the first time gambling was legal outside of Nevada, and it was a bold attempt to bring more tourists to the area.



See the rest of the story at Business Insider

The fastest-growing pizza chain in America reveals how it lured LeBron James away from McDonald's

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LeBron James left $14 million on the table in 2015 when he ended an endorsement deal with McDonald's to take on a bigger role at Blaze Pizza, a little-known pizza chain he invested in a few years earlier.

Two years later, James' decision appears to have paid off.

Blaze Pizza has rocketed from two to 200 locations across North America — making it the fastest-growing US food chain ever, according to research firm Technomic. Revenue is on track to hit $300 million in 2017.

According to Blaze Pizza CEO Jim Mizes, it didn't take much convincing to get James to leave the Golden Arches. In fact, the basketball legend came to Blaze Pizza with the pitch.

"LeBron is all about winning. LeBron's all about making the people he plays with better. And I think very early on — I give him a lot of credit — he saw and he believed that we were the winner in this category. And he could help us be better," Mizes told Business Insider.

Blaze Pizza faces competition from legacy brands like Domino's, Pizza Hut, and Papa John's, as well as a crowding fast-casual pizza market that includes MOD Pizza, Pieology, and Pie Five.

blaze pizza chain 15

James became an initial investor in Blaze Pizza in 2012, after trying the pizza and being blown away. He came on board as a franchisee and opened restaurants in Chicago and Miami.

Three years later, James wanted "all in," Mizes said. The basketball star's business manager, Maverick Carter, crunched the numbers and showed that an endorsement deal with Blaze Pizza could bring greater returns than his arrangement with McDonald's over four years.

"We didn't get LeBron to leave [McDonald's]. LeBron and his people — his advisors — knew that perhaps the fit with McDonald's wasn't exactly what they wanted as they looked ahead at his brand and his career [and in terms of] building his wealth," Mizes said.

Blaze Pizza was more than happy to expand James' role. The company plans to include him in marketing campaigns across advertising, social media, and in-store appearances.

blaze pizza lebron james prank commercial 2

In 2016, James went undercover as a pizza-maker at a Blaze Pizza location for a television commercial. The video has been watched over 2 million times on YouTube.

"It's been good for us. I think LeBron has enjoyed it," Mizes said.

SEE ALSO: How a pizza chain backed by LeBron James became the fastest-growing restaurant in history

Join the conversation about this story »

NOW WATCH: Here’s what some of the biggest fast food restaurants used to look like

The $350,00 Ferrari GTC4 Lusso might be the most offbeat Ferrari a lot of money can buy (RACE)

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Ferrari makes two kinds of dream machines: sports cars and GT cars. The former rank is currently filled by the 488 GTB mid-engine supercar and the LaFerrari hypercar; the latter is occupied by the California T and the 812 Superfast.

Then there's the oddball of this aristocratic lineup: the GTC4 Lusso.

Ferrari will never, ever build an SUV. (It has its corporate cousins Maserati and Alfa Romeo to supply them.) Nor will it build a car with four doors. So for that buyer who wants a Ferrari but doesn't need a bonkers mid-mounted twin-turbo V-8 making well over 600 horsepower, and who would prefer that their ride sent power to all four wheels, there's the GTC4 Lusso.

The vehicle is part of a very narrow niche: the "shooting brake," a sort of station wagon coupe, based on hunting coaches from the 19th century.

The GTC4 is a new model of the car once known as the FF. We spent some time with the FF a few years ago, in proper East Coast winter weather: snow, slush, cold. What a car! More recently, Ferrari allowed us to spend a weekend checking out the new GTC4, which came in at $347,522.84. (The 84 cents was just because.)

What a car ... again? Here's what we thought.

Photos by Hollis Johnson unless otherwise indicated.

The GTC4 Lusso arrived in New York City wearing a "Blue Tour de France" paint job — a kind of luminous, deep royal blue that I think looks great on Ferraris that aren't red.



The GTC4 follows the FF, which was the all-wheel-drive Ferrari I sampled in the winter of 2015.

Read the review »



The car brought out my "I wanna be an Italian" side.



See the rest of the story at Business Insider

6 science-backed and expert tips to be less awkward at online dating

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smartphone texting social media

The summer can be a great time to start a new relationship.

Maybe it's that lingering "school's out" mentality that makes us feel young and carefree. Or, hey, maybe it's that people look better when they aren't bundled up in an oversized turtleneck sweater.

Dating site Match told Business Insider that July tends to be one of its busiest months. Match's chief scientific adviser, Helen Fisher, said that might be because summertime is the mating season in many species — and even though humans breed all year long, "increasing light does give us a sunny personality and more energy and optimism — all of which could increase our sexuality.”

If you're thinking about joining a dating site in the near future, and if you're somewhat terrified by the prospect of wading through thousands of nearby matches in the hopes of finding someone decent (who thinks you're decent, too), we've got you covered.

Below, we've rounded up some of the most practical online-dating advice we've published in the last year. Read on to learn the tricks of the trade — and the biggest mistakes to avoid.

SEE ALSO: The 15 US cities where it's easiest to find a date

Choose a photo where you're taking up space

Research suggests that we're more attracted to people in expansive — as opposed to contracted — postures, even if we don't consciously realize it. Men especially appear more attractive to women when they're holding their arms upward in a "V," reaching out to grab something, or standing in another expansive position.

Whatever you do, avoid choosing a profile photo where you're crossing your arms or hunched over.



Don't choose a photo where you're covering your face

Tinder's in-house sociologist, Jess Carbino, told Business Insider that one of the biggest mistakes Tinder users make is obscuring their face in their profile photo. That includes wearing glasses or sunglasses, or even a hat.

The same logic likely applies to users on other dating services.

According to Carbino, we use people's faces to make judgments about their personality, which are sometimes (but not always) accurate. So if people can't fully see your face, they might not be able to assess whether you're extroverted or kind, for example. Meaning they just might move on to the next option.



Include a question in your profile

Carbino also told Business Insider that adding a question to your profile can make it easier for someone to message you, because they already have something to talk about.

For example, if you mention in your profile that you like to travel, list a few places you've been and then ask: "What's your next destination?"

If you're an art fan, cite artists whose work you enjoy and then ask: "Who's your favorite artist?"



See the rest of the story at Business Insider

Republicans could solve a problem many of them don't believe in

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  • Americans overwhelmingly want to protect the environment, and while the political extremes can't agree on "climate change," they can still forge a path for the US to curb it.
  • Bipartisan solutions, like carbon pricing and renewable energy, do exist. And they could become reality in the next five years.
  • While the federal government might need to eventually enact sweeping climate-change policies, businesses and cities are already leading the way because market forces — and public opinion — support climate action.

DALLAS — It was the afternoon before Earth Day in April when an imposing Republican stood up and declared war.

John Walsh III had spent the past half-hour sitting in the front row listening to former Democratic presidential candidate Wesley Clark, who happens to be a retired four-star general, try to convince the crowd that climate change is a national-security issue.

Then Walsh took the microphone.

"This is a war, and we need to treat it like one," he said. "I'm on the other side of the aisle from you politically, but I'm right in the trench with you on this issue."

It was already a day of contrasts. A conservative had organized this Earth Day celebration. It attracted 100,000 people to Texas' state fairgrounds, including climate researchers from elite universities as far away as New York City, oil-company executives, and families.

In this polarized political environment, and at a time when many of the people running the government won't acknowledge the reality of climate change, this sounds like a remarkable moment of common ground. But 1,300 miles from Washington, DC, this kind of agreement is commonplace.

Sixty-eight percent of Americans accept the overwhelming scientific consensus that our climate is changing, and most say they worry about it. But Texas shows that it's when we talk about it that things seem to fall apart.

Take away the charged language and start talking about clean water, clean air, and clean soil, and there's a lot of agreement. And a lot of opportunity.

You can find consensus in the war against climate change — as long as you don't call it "climate change."

UA climate change

Tree huggers

Walsh never had one specific moment when he accepted that the climate was changing.

His father taught him to respect the land growing up. And as a Christian, he learned to be a good steward of God's Earth.

He's the CEO and founder of a real-estate firm in headquartered in Frisco, Texas. And he's been a tree hugger for decades.

In 1984, Walsh's company, TIG, was starting to put up some high-end office buildings in Carrollton, Texas. The site had many old-growth trees, but instead of bulldozing them wholesale, as most developers would, he decided they were worth saving.

john's treesOn signs in front of each tree, he wrote a message: "It took God 50 years to put this tree here. Don't even think about moving it."

Walsh personally signed each message so the workers would know who they'd have to answer to if they cut a tree down. By keeping all the trees, TIG actually ended up saving money on energy and new plantings.

Walsh says it's logical arguments like that people need to hear if everyone is going to get onboard to fight climate change. Wear your jeans three days instead of one, he recommended, and you'd be surprised how much energy, resources, and money you can save.

It's a modern day echo of Teddy Roosevelt-style Republicanism.

To Walsh and others in the movement, environmentalism has always been a conservative idea. They say Democrats stole the mantle.

"To conserve is conservative," Earth Day Texas founder and Republican Trammell S. Crow said in March, when he visited Business Insider's offices to try to persuade New York journalists to come to Earth Day Texas.

Yes, I'm a Republican. I'm also a huge environmentalist.

Ryan Sitton, the Texas Railroad Commissioner, agrees. An engineer by training, he was elected to the post overseeing the state's agency regulating the oil and gas industry (much to Sitton's chagrin, the job has nothing to do with railroads).

What Sitton finds most challenging is that because everything is so polarized these days, there's no dialogue.

"Yes, I'm a Republican. I'm also a huge environmentalist," he says.

"Parties are black and white. 'Oh, Republicans are the party of the economy and jobs, and Democrats are the party of the environment.' Yet all of us in this nation want a good economy, we all want good jobs, and we all want to protect our environment for future generations," he told a crowd of two-dozen constituents at a town-hall-style talk. "None of those are partisan issues."

A new message

earth day texas trammell crowIf you want to understand how so many conservatives these days can be pro-environment and still deny climate change, meet Paul Braswell. He's a chemist turned computer consultant who raises Texas longhorns. And he's on the executive committee for the Republican Party of Texas.

He says there's a common misconception that farmers and Republican landowners are all for using resources at the expense of the environment. They're "good stewards," he said.

He wants to protect the land. But ask him about climate change and his tone changes.

"They're fudging their data," he said of climate scientists. "There are flaws in their global-warming theory. And instead of adjusting their hypothesis, they're adjusting their data."

donald trump climate paris

Braswell says that he's more conservative than most Republicans in Texas. But his line of thinking echoes that of EPA Chief Scott Pruitt and President Trump. And it sounds a lot like what the president used as his justification for pulling the US out of the global Paris climate agreement.

Braswell is a scientist himself, of course, and when you talk with him, he's just as likely to start talking about Einstein's theory of relativity, or how farmers can use better chemicals for the earth.

That's partly why, for all he does personally to protect the environment on a small scale — buying a fuel-efficient truck and limiting the use of insecticides on his land — he doesn't believe climate change is happening. He says humans couldn't possibly cause that much warming, and if it is getting hotter, the earth will fix itself.

Scientists leading the fight against climate change see people like Braswell as a missed opportunity.

"Climate scientists failed to relate what we know to the public," Peter de Menocal, a renowned climate scientist at Columbia University's Lamont-Doherty Earth Observatory, told Business Insider.

"There's a big, angry mob out there. Those are very real feelings. I respect that. All I can do is tell people what I know about how the climate is changing."

Food, water, shelter, energy

Until recently, when experts tried to convince Americans to care about climate change, they'd often show them this chart:

keeling curve

Over hundreds of thousands of years, the climate has gone up and down in a fairly consistent cycle, and then at the very end, it's like a hockey stick: the amount of carbon in the atmosphere skyrockets.

It's compelling to look at, but for many, it's too abstract.

Former President Barack Obama can call climate change the greatest threat facing humanity, but if you can't see it in your own life, it's hard to really care.

That's why at a Columbia University event at Earth Day Texas, de Menocal said when he's trying to convince people to take climate action, he's started referencing tangible things everyone can get behind. These are humanity's basic needs: food, water, shelter, and energy.

In a sign of burgeoning common ground, at the town hall the next morning, Sitton was making the case that Texas could help developing nations climb out of poverty by showing them how to regulate their natural resources.

ryan sitton"When you look around the world and you say, what is the No. 1 thing when you talk about the basic elements of society — shelter, food, and water are the first three. When you look at society's needs, energy is a huge component of that."

This line is breaking through the partisanship in a way that talk of warming has not.

"The best way to communicate with those minds-made-up climate deniers is not to talk about climate change but air quality," Crow said. Improving food, water, shelter and energy also help reduce the amount of carbon emitted, and global warming.

"Temperature can take care of itself if you deal with air quality. That's a public-health issue; that's not an argument. Everybody believes in that."

earth day texas numbers

A 2016 Pew survey found that 48% of Americans believed that the Earth was warming because of human activity, a belief that 69% of Democrats and 23% of Republicans share.

But concern is growing. A March 2017 Gallup poll found that 45% of Americans worried "a great deal" about global warming and 68% believed humans were causing it.

And three-quarters of Americans said in an Earth Day Pew survey that they were particularly concerned about protecting the environment, and 83% said they try to live in ways to help protect it all or some of the time in their daily lives.

So there is common ground. Now what can be done about it?

Smokestacks to carbon tax

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Braswell remembers growing up on the Texas panhandle, when his dad worked at a factory that made carbon black, which went into black paint and tires. The smoke stacks spit out so much pollution that the white-faced cattle turned black.

As he got older the plant installed scrubbers and filters to clean up the air. The cows returned to their normal color.

We have made progress since Rachel Carson sparked the environmental movement with "Silent Spring" in 1962, and we can keep capitalizing on that momentum.

If you listen closely, the next logical step in this climate war we're waging is clear to liberal environmentalists — and to a growing number of Republicans.

paul's cattle

Several conservatives, including former Secretaries of State James A. Baker III and George P. Shultz, have put forth a plan for a carbon tax.

And as a local organizer for the nonpartisan Citizen's Climate Lobby told Business Insider at the group's booth at Earth Day Texas, it looks a lot like plans that it's proposing along with Democrats. A carbon tax, or carbon fee as liberals prefer to call it, would put a price on carbon dioxide.

A similar cap-and-trade system limiting the amount of sulfur dioxide and nitrogen dioxide the US could emit per year is what stopped the acid-rain crisis and closed up the holes in the ozone layer surrounding Earth. And that was passed with Democratic majorities in Congress in 1990 and signed into law by Republican President George H.W. Bush, who ran for office as the "environmental president."

Made in America

rick perry earth day texas

While Braswell doesn't think humans burning fossil fuels that emit carbon dioxide is changing the global climate, he is willing to plan for the chance that scientists are right.

The answer, to conservative Republicans like Braswell, Pruitt, and Sitton, is never more government regulation like Obama enacted — it's innovation. You want to shut down a dirty power plant? Fine, they say, do it in a way that doesn't kill American businesses.

"If it's not a good idea, let's not build it again," Braswell said. "If there's something better, then we can do things smarter using technology."

His belief that American innovation can lead the way sounds just like what de Menocal of Columbia says convinces him there's momentum to vanquish climate change.

"As long as we make enough progress in the right direction, it's all good," de Menocal said. "Let's repower the planet. Let's get miners back to work installing solar panels. If I can wave the American flag for a minute, this is the kind of challenge we respond best to. They can be the heroes of this story. From a purely conservative standpoint, fighting climate change allows us to create jobs, protect national security, and ensure American resilience.What good American doesn't want those things?"

From a purely conservative standpoint, fighting climate change allows us to create jobs, protect national security, and ensure American resilience.

One example is "carbon capture," which sucks up carbon emissions from power plants and sticks them in the ground so they don't enter the atmosphere.

At Earth Day Texas, Business Insider asked the new US Energy Secretary Rick Perry, the longest-serving governor of Texas, whether Americans could expect more carbon-capture projects under the Trump administration.

"The short answer is yes," he said, and he's particularly excited that American companies can sell such technologies to our allies so they can reduce their carbon footprints.

"We make it in America. You know, made in America, sold to our friends around the world. It makes a lot of sense. I think that's the president's, that's his mindset, as well, so you're going to see a lot of technologies. Not just on the carbon-capture side, but in a host of different ways," Perry said. "If we're going to really affect the world, it's going to be innovation that does that."

Coming to grips

solar panels usMinutes before Trump announced his decision to exit the Paris accord on June 1, de Menocal called. His voice was soft. He sounded beat.

Rolling back Obama-era regulations that it deems stifling to the economy at a breakneck pace, the Trump administration is slowing the federal government's climate progress at a time when scientists say it's crucial to speed up more than ever.

But on the phone that day, de Menocal was feeling hopeful.

"I'm not that pessimistic. I'm devastated, of course, but I'm not that pessimistic," he said. "If you think about it, if the nation's largest cities maintain their commitments, then we can do it without the government."

Market forces, an appealing motivator to conservatives, can also help lead the way.

energy sources added worldwide 2016

The world added more energy from renewable sources than from fossil fuels in 2015 and 2016, and the plummeting price of clean energy has allowed the US to decrease its carbon emissions over the last three years while the country's GDP has increased.

But eventually, agreeing on clean air, water, and land won't be enough, says Lynn Scarlett, who served as the deputy secretary and acting secretary in President George W. Bush's Department of the Interior. Now she's the managing director for public policy at the Nature Conservancy.

"You can drive forward a lot of solutions under the banners of clean energy, energy reliability, energy efficiency, and not have to grapple with 'climate change' as a word. You can do a whole lot," Scarlett told Business Insider.

"But at some point, to really come to grips and say we really need to address greenhouse-gas emissions, carbon-dioxide emissions. That requires understanding that those emissions are a pollutant. That requires understanding that those emissions are in fact responsible for a changing climate. That requires understanding that there is that linkage between human action and greenhouse-gas emissions and all these bad things we're seeing — melting permafrost, unpredictable storms, rising sea levels. At some point, one has to really actually embrace the problem."

At some point, one has to really actually embrace the problem.

Until then, there are Americans across the political spectrum clamoring for climate action. There are states making their own emissions reductions pledges, and cities making their own plans for sea level rise, and companies making their own clean-energy investments, and farmers installing wind turbines on their own land, and homeowners installing solar panels on their own rooftops.

And somewhere in Texas, there's a Republican real-estate developer doing his part to save one tree at a time. And he's telling us to join the war — before it's too late.

SEE ALSO: Scott Pruitt came to Earth Day Texas, and the whole thing was pretty weird

DON'T MISS: Texas hosts the largest Earth Day event in the world — here's what it was like

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NOW WATCH: French president excoriates Trump in English over US withdrawal from climate deal

The 50 best restaurants in America

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A great meal at an outstanding restaurant can be a life-changing experience. But with new places popping up every day, it can be difficult to decide which spots are worth your time — and hard-earned cash.

We combined six noteworthy lists compiled by food critics, experts, and diners to come up with a definitive ranking of the best restaurants in the country.

We gave each restaurant a numerical rating based on how many lists the restaurant appeared on and how high it appeared on lists that were ranked. Restaurants that appeared on multiple lists ranked higher on our list, while restaurants that ranked on only one of these lists ended up closer to the bottom. For restaurants that tied, we broke down the rankings based on reviews, price, and our own editorial discretion. Read the complete breakdown of the methodology here

The lists we used were The Daily Meal's 101 Best Restaurants in America 2017, OpenTable's 100 Hottest Restaurants in America, The World's 50 Best Restaurants, the James Beard Foundation's 2017 Restaurant and Chef Award Semifinalists, Eater's The National 38, and the Michelin Guide.

Read on to check out the best places to eat across America:

Talia Avakian and Emmie Martin contributed reporting to an earlier version of this article. 

SEE ALSO: Here's how we ranked the best restaurants in America

50. Next

Chef: Grant Achatz, Jenner Tomaska (executive chef), Ed Tinoco (chef de cuisine)

Location: Chicago, Illinois

The second Chicago restaurant from Grant Achatz, Next formats its menus according to a theme— like Paris 1906, Childhood, and Chicago Steak House — and completely changes its offerings every four months.

Similar to tickets to a concert or show, Next sells prepaid reservations to seatings that cost between $125 and $165. The current menu is one inspired by classic Hollywood movies. 



49. Grace

Chef: Curtis Duffy

Location: Chicago, Illinois

At Grace, Chef Curtis Duffy puts high-quality ingredients front and center, showcasing each one's natural flavors in a variety of contemporary American-style dishes.

The three-Michelin-starred restaurant offers two nine-course tasting menus, called Flora and Fauna, for $235 per person. They feature selections like Alaskan king crab with cucumber and lemon mint, Australian black truffle with sweet corn and pecorino, and white asparagus with caviar and potatoes.



48. Chef's Table at Brooklyn Fare

Chef: César Ramirez

Location: New York, New York 

Sit back and watch as Chef César Ramirez and his team prepare elaborate courses in front of you at Chef's Table at Brooklyn Fare, a three-Michelin-starred restaurant.

With an intimate kitchen counter that seats 18, you can indulge in an extravagant tasting menu that focuses on seafood — including raw fish and shellfish options — and changes to reflect the freshest ingredients of the season. It lasts two and a half hours and costs $330 a person. 



See the rest of the story at Business Insider

Here's how we ranked the best restaurants in America

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Eleven Madison Park, Clam

We recently ranked the best restaurants in America. Here's how we came up with our list.

The rankings were mostly determined by an analysis of noteworthy restaurant rankings and awards determined by food critics, diners, and experts, as well as the number of Michelin stars a restaurant had. The score of each restaurant depends on where it fell on these lists. 

The lists we used were The Daily Meal's 101 Best Restaurants in America, OpenTable's 100 Hottest Restaurants in America, The World's 50 Best Restaurants, the James Beard Foundation's 2017 Restaurant and Chef Award Semifinalists, Eater's The National 38, and the Michelin Guide

Since The Daily Meal and the World's 50 Best Restaurants lists were both ranked, we gave each restaurant that appeared on these lists points based on where they fell on the list. For the World's 50 Best Restaurants, we gave 1.5 points to each restaurant that made the list, and then added a bonus score between 0 and 1 based on the ranking. For The Daily Meal, any restaurant on the list received 1 point, and then a similar bonus score.

Any restaurant on the James Beard semifinalist list received 1 point, and any restaurant on the Eater or OpenTable lists received 0.5 points.

We weighed Michelin stars higher, awarding restaurants with one star 1 and 1/3 points, restaurants with two stars 1 and 2/3 points, and restaurants with three stars with a full 2 points. 

SEE ALSO: The 50 best restaurants in America

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Fashion mogul Chris Burch built a 5-star resort on a remote Indonesian island — and it's officially the best in the world

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Nihi Sumba Island (formerly known as Nihiwatu) was voted the best hotel in the world by Travel + Leisure for the second year in a row.

The luxury island resort in Indonesia even beat the Brando, Obama's recent vacation spot

Nihi was created by Chris Burch, best known for founding or cofounding several internationally known retail brands — C. Wonder and Tory Burch — and investing in several others.

Burch, together with hotelier James McBride, bought a beach hostel on the Indonesian island of Sumba in 2012. The duo spent $30 million renovating the hostel, then reopened it as a five-star resort in 2015.

In an interview with Business Jet Traveler in 2015, Burch said, "I bought it for my children and as a piece of something that I hope we can preserve and give back to the community. When you're in a place where the palette is so beautiful, you can do things that you can't do in other places: build a spa under a waterfall, go to places where no others have been, have a butler in every room."

According to the Wall Street Journal, Burch splits his time between Miami, the Hamptons, and his resort in Indonesia. Nihi has 27 private villas, including Raja Mendaka, Burch's private home. That particular section has a main house and four additional villas, each with its own private plunge pool.  

SEE ALSO: 17 photos that show why wealthy homebuyers are ditching the Hamptons for this laid-back island destination

Nihi is on the west coast of Sumba, a remote Indonesian island.



The name means "mortar stone," and the beach was originally named after a rock formation on the tide.



In 2012, Chris Burch and hotelier friend James McBride bought what was then a beach hostel owned by a couple from New Jersey.

 

 



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Millennials are killing the beer industry

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Millennials aren't drinking enough beer to keep brands afloat.

According to CNBC, Goldman Sachs downgraded both Boston Beer Company and Constellation Brand on the data that younger consumers aren't drinking as much alcohol as older generations, and the ones who do prefer wine and spirits.

"We view the shift in penetration and consumption trends as driven by a shift in preferences in the younger cohorts," chief analyst Freda Zhuo wrote.

Beer penetration fell 1% from 2016 to 2017 in the US market, while both wine and spirits were unmoved, according to Nielsen ratings.

Goldman Sachs now expects the overall beer market in the US to decline by 0.7% in 2017. It downgraded Boston Beer Company from "neutral" to "sell" and Constellation Brands from "buy" to "neutral."

SEE ALSO: Retailers are making big bets that brands as we know them are dying

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The surprisingly frugal habits of 8 billionaires

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Mark Zuckerberg

Frugality is a subjective term. To the average Joe it could mean eating meals at home or scouring the internet for cheap flights.

But to a billionaire it means showing up to work in a T-shirt and jeans, driving a Toyota or Volkswagen, and, in some instances, foregoing the purchase of a private jet or lavish vacation home.

Surprisingly, some of the richest people on earth are incredibly frugal, each one with their own penny-pinching habits.

From eating lunch in the office cafeteria with their employees to residing in homes worth a fraction of what they could afford, these eight self-made billionaires — many of whom are also generous philanthropists— know the secret to keeping their net worth high.

SEE ALSO: 'I never touched it': Serena Williams tried to deposit her first million-dollar check in the bank drive-thru

DON'T MISS: 7 unexpected truths you probably didn't realize about the richest people in the world

Warren Buffett, chairman and CEO of Berkshire Hathaway, still lives in the same home he bought for $31,500 in 1958.

Net worth:$74 billion

The "Oracle of Omaha" is one of the wisest and most frugal billionaires around. Despite his status as one of the richest people on earth, he still lives in the same modest home he bought for $31,500 in 1958, doesn't carry a cellphone or have a computer at his desk, and once had a vanity license plate that read "THRIFTY," according to his 2009 biography. And when his friend of 25 years Bill Gates visits Omaha, Buffett picks Gates up from the airport himself.

Buffett also has a decidedly low-brow palate, known not just for investing in junk-food purveyors like Burger King, Dairy Queen, and Coca-Cola, but also for filling up on them as well. The Buffett diet includes five Cokes a day, as well as Cheetos and potato chips.

At his annual shareholder's meeting in 2014, Buffett explained that his quality of life isn't affected by the amount of money he has:

"My life couldn't be happier. In fact, it'd be worse if I had six or eight houses. So, I have everything I need to have, and I don't need any more because it doesn't make a difference after a point."



Mark Zuckerberg, founder and CEO of Facebook, drives a manual-transmission Volkswagen hatchback.

Net worth:$70 billion

Despite his status as one of the richest tech moguls on earth, Mark Zuckerberg leads a low-key lifestyle with his wife Priscilla Chan and their young daughter. The founder of Facebook has been unabashed about his simple T-shirt, hoodie, and jeans uniform.

"I really want to clear my life to make it so that I have to make as few decisions as possible about anything except how to best serve this community," Zuckerberg said.

The trappings of wealth have never impressed the 33-year-old, who in December 2015 announced he would donate 99% of his Facebook shares during his lifetime.

Zuckerberg chowed down on McDonald's shortly after marrying Chan in 2012 in the backyard of their $7 million Palo Alto home — a modest sum for such an expensive housing market and pocket change for a man worth more than $70 billion. In 2014, he traded in his $30,000 Acura for a manual-transmission Volkswagen hatchback.



Carlos Slim Helú, founder of Grupo Carso, has lived in the same six-bedroom house for more than 40 years.

Net worth:$65.3 billion

Rather than spending his fluctuating fortune, Carlos Slim funnels his billions back into the economy and his vast array of companies. He once mused to Reuters that wealth was like an orchard because "what you have to do is make it grow, reinvest to make it bigger, or diversify into other areas."

The 77-year-old is by far the richest man in Mexico, but he forgoes luxuries like private jets and yachts and reportedly still drives an old Mercedes-Benz. Slim runs his companies frugally, too, writing in staff handbooks that employees should always "maintain austerity in prosperous times (in times when the cow is fat with milk)."

The businessman has lived in the same six-bedroom house in Mexico for more than 40 years and routinely enjoys sharing home-cooked meals with his children and grandchildren. He's got a couple of known indulgences, including fine art — in honor of his late wife — and Cuban cigars, as well as an $80 million mansion in Manhattan, which he previously tried to sell.



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Ivanka Trump and Jared Kushner have a lavish art collection worth up to $25 million — here's what they've displayed

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Ivanka Trump and her husband, Jared Kushner, filed documents Friday that detailed more of their business holdings and investments, CNN reported.

Among the newly revealed wealth is an art collection that documents show is worth up to $25 million. 

The couple was previously criticized for failing to disclose information about their artwork, which had appeared in the background of many of Ivanka's Instagram pictures.

According to the Office of Government Ethics, federal employees are required to report any artwork that is kept for investment purposes and worth more than $1,000. Kushner is a senior adviser, while Trump is an assistant to her father, President Donald Trump.

But despite the collection being worth millions, a lawyer for Kushner told Artnet that the art was "for decorative purposes" only.

The couple decided to include details in updated financial filings "out of an abundance of caution," their attorney said. The numbers reported are estimates, however, as federal employees are able to provide details of their wealth and assets in ranges rather than precise figures. According to the new filings, the couple's combined assets are worth at least $207 million, but that figure could reach more than $762 million if at the upper end of the range. 

Take a look at some of their artworks below:

SEE ALSO: See inside Trump's New Jersey golf club, where he'll likely spend much of August

Ivanka Trump frequently takes pictures of herself and her family posing in front of artwork that lines the walls of their $4 million condo on Park Avenue in New York.

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Some of these pieces are worth as much as $500,000, but the couple did not originally disclose this information in financial reports when Kushner became a federal employee.

Source: Artnet 



In the background of this photo of Trump posing with two of her children, Arabella and Joseph, is a Nate Lowman painting from his "Bullet Holes" collection. Two of his similar works sold at Sotheby's for about $177,000 in 2016 and $665,000 in 2013. On the right-hand side is a Dan Colen chewing-gum painting.

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According to Bloomberg, a similar Colen piece sold for $578,000 at Phillips New York in 2012.

Source: Bloomberg, Sotheby's 2013 and 2016



These paintings have appeared in the background of Trump's Instagram posts for months.

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What this symbol on the back of your hair gel actually means

Guys are paying thousands of dollars to drink with their friends after having 'brosectomies' together

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If you're planning to get a vasectomy, why not bring a friend along?

At least that's what Marc Richman, a urologist at Obsidian Men's Health, recommends. 

Obsidian Men's Health is about 30 minutes outside of Washington, DC, and it prides itself on being nothing like a typical sterile doctor's office.

"We perform all procedures in our state-of-the-art medical suite, and our recovery room offers premium liquor, flat-screen televisions and a robe and slippers for your comfort," it says on its website

"It's a fun thing," Richman told Business Insider. "They can have a beer or two, make it like an experience, and have an excuse to watch a match."

These so-called "brosectomies," where men go to get the snip with a friend, are becoming a popular trend, the Wall Street Journal reported.

Two men posted a video of themselves at Obsidian Men's Health on YouTube. Post-treatment, they were seen relaxing in bathrobes, ordering a steak dinner, and drinking alcohol. The two men, Rob Ferretti and Jeb Lopez, told the Wall Street Journal that they had a "great time."

"We felt that if it looks sterile, like a doctor's office, then guys wouldn't feel as comfortable," Shane Geib, the urologist who treated Ferretti and Lopez, told The Wall Street Journal.

According to the American Urological Association, a vasectomy costs $500 on average. At Obsidian, the package costs $3,250 and includes a consultation before the procedure, transportation to and from the doctor's office, as well as food and alcohol while they recover afterwards.

Richman claims they have seen an uptick in men coming in pairs — and sometimes in threes — to get the procedure done. They offer appointments during the weekend, and some men like to make an event of it, he said.

"It's become somewhat of a trend," he said. "They are anxious, talk about it with a buddy, and decide: 'Why don't we do this together?'"

Vasectomy

SEE ALSO: Millennials are killing the beer industry

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